My God you are dumber than sh*t.<quoted text>
'This, however, ignores one of the key stated purposes of pushing for the top-down, command-economy overhaul of the American health-care system: bending the cost curve downward. As Congress prepared to pass the ACA four years ago, Obama told the House Democratic Congress,“[E]very single good idea to bend the cost curve and start actually reducing health care costs are in this bill.” The need to reduce spending on health care drove the debate, both in terms of government and private spending.
The scope of the new spending doesn’t suggest that it’s limited to just the uninsured. Nor does it come as a function of economic growth. The annual rate of GDP growth for 2013 was just 1.9 percent, less than a third of the spending increase in 2014, and less than a fifth of the increase in 2014 Q1. If growth in health care spending was linked to economic growth, as CMS concluded in regard to the 2012 data, then something has caused a major disruption and delinking of that relationship – and the obvious change has been Obamacare.
Is this new health-care spending really just an expression of joy over new coverage, as Obamacare supporters argue now? Fortunately, we have some metrics to judge this claim after two full quarters of rapid increases in spending. Since the White House declared victory on Obamacare as open enrollment ended, and insisted that “the debate is over,” a number of national polls have been published on the new law and support for its provisions. Not a single one of them demonstrates a rise in support anywhere near the rise in spending – or much of an improvement at all in popular perception of Obamacare.
- See more at: http://www.thefiscaltimes.com/Columns/2014/05...
Reducing the costs of healthcare by bending the curve refers to reducing what it costs to administer the care. Not reduce the overall money spent by stopping people from getting the healthcare they need.